Updated over 5 years ago on . Most recent reply
Addressing Seller concerns about foreclosure on seller finance
Hey BP - I am working on a potential seller finance deal for a single family home.
The sellers main concern seems to be around 'what if' I stop making payments to him. I have shared the obvious answer that he would take the the house back, but I can tell he is still worried about having to foreclose.
What techniques or messaging do you find effective to address these type concerns and put the seller at ease when trying to close a seller financed deal?
Thanks in advance.